Furnace Replacement Cost in Memphis, TN (2026)
Most Memphis, TN quotes to replace a furnace come in from $3,650 to $11,600, with $5,300 being a fair middle-of-the-road figure. That places local pricing about 4% below the U.S. average for this project.
Why Furnace Replacement costs differ in Memphis
Lower labor rates across much of the South often keep installed prices at or below the national average, though coastal wind codes can add cost. With a local cost index slightly below the national baseline, labor-driven work here tracks accordingly - which is why our estimate for Memphis differs from a flat national number.
Homeowners around Memphis should expect furnace replacement to come in about 4% below the U.S. average, driven mainly by local labor rates and permit fees. Scheduling in the off-season can occasionally trim a few percent off a quote.
| Estimate | Low | Average | High |
|---|---|---|---|
| Memphis (localized) | $3,650 | $5,300 | $11,600 |
| U.S. national average | $3,800 | $5,500 | $12,000 |
Labor vs. materials in Memphis
On a typical furnace replacement in Memphis, TN, here is roughly how the average of $5,300 divides between labor and parts. Because local wages drive the labor line, this split is a big part of why pricing in Memphis differs from other metros.
| Component | Estimated cost | Share |
|---|---|---|
| Labor | $1,800 | 34% |
| Parts & materials | $3,500 | 66% |
What affects the price
Furnace replacement pricing depends mostly on fuel type, output (BTU), and efficiency rating (AFUE). High-efficiency and variable-speed models sit at the top of the range.
- Fuel - gas, electric, or oil
- Efficiency (AFUE %) and staging
- Furnace size / BTU output for the home
- Ductwork condition and modifications
- Permit, inspection, and old-unit removal
Tips for Memphis homeowners
Before signing off on furnace replacement in Memphis, confirm exactly what is included. Permits, haul-away of old materials, and cleanup are the line items most often left out of a headline price.
Furnace Replacement in Memphis: FAQ
How much does Furnace Replacement cost in Memphis, TN?
Is Furnace Replacement more expensive in Memphis, TN than the U.S. average?
How long does a furnace last?
Should I replace the furnace and AC together?
Does a high-efficiency furnace pay off?
Furnace Replacement prices near Memphis
How Furnace Replacement pricing in Memphis, TN compares with nearby metros:
| City | Typical average | |
|---|---|---|
| Memphis, TN (this page) | $5,300 | |
| Nashville, TN | $5,300 | View |
| Jacksonville, FL | $5,500 | View |
| Charlotte, NC | $5,400 | View |
| Louisville, KY | $5,200 | View |